-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UQqWcK6R6VeNX8DPw6bVbsvzIlKmH1Ch7UVH6L8PXKCKrfMYt1PrYFh7/NVGk+Wr DfdheJfmmva9YZ9Cpcqy5w== 0000950159-09-001640.txt : 20090715 0000950159-09-001640.hdr.sgml : 20090715 20090715150945 ACCESSION NUMBER: 0000950159-09-001640 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090715 ITEM INFORMATION: Other Events FILED AS OF DATE: 20090715 DATE AS OF CHANGE: 20090715 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OLD LINE BANCSHARES INC CENTRAL INDEX KEY: 0001253317 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 200154352 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-50345 FILM NUMBER: 09945856 BUSINESS ADDRESS: STREET 1: 1525 POINTER RIDGE PLACE CITY: BOWIE STATE: MD ZIP: 20716 BUSINESS PHONE: 3014302544 MAIL ADDRESS: STREET 1: 1525 POINTER RIDGE PLACE CITY: BOWIE STATE: MD ZIP: 20716 8-K 1 oldline8k.htm OLD LINE BANCSHARES, INC. FORM 8-K oldline8k.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): July 15, 2009

Old Line Bancshares, Inc.
(Exact Name of Registrant as Specified in its Charter)


Maryland
  
000-50345
  
20-0154352
(State of Incorporation)
 
(Commission File Number)
  
(I.R.S. Employer Identification No.)


   
1525 Pointer Ridge Place
   
Bowie, Maryland
20716
   
(Address of Principal Executive Offices)
(Zip Code)


Registrant’s Telephone Number, Including Area Code: 301-430-2544

N/A                                
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

____               Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

____               Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CRF 240.14a-12)

____               Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

____               Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e- 4(c))



 
 
 

Section 8 – Other Events

Item 8.01. Other Events

On July 15, 2009, Old Line Bancshares, Inc. (“Bancshares”) repurchased all 7,000 shares of its Fixed Rate Cumulative Perpetual Preferred Stock, Series A, that it issued and sold to the United States Department of the Treasury (“Treasury”) on December 5, 2008 pursuant to Treasury’s Capital Purchase Program under the Troubled Asset Relief Program.  The aggregate purchase price paid by Bancshares to Treasury for the Preferred Stock was $7,058,333.33, including $58,333.33 of accrued and unpaid dividends.

Bancshares will make a determination within 15 days of the repurchase if it will deliver to the Treasury a notice of intent to repurchase the outstanding Warrant for 141,892 shares of its common stock that was issued to Treasury in connection with its purchase of the Series A Preferred Stock.



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



   
OLD LINE BANCSHARES, INC.
       
       
Date:  July 15, 2009
By:
/s/Christine M. Rush
     
Christine M. Rush, Chief Financial Officer
       



 

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